Universal Corp. (UVV) Reports Q3 EPS of $1.60
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Universal Corporation Reports Nine-Month Results
February 3, 2016 4:15 PM ESTRICHMOND, Va., Feb. 3, 2016 /PRNewswire/ --
HIGHLIGHTS
Nine MonthsOperating income down slightly to $101 millionRevenues of $1.3 billion declined on lower green prices and volumesImproved gross marginsStrong shipments expected in fourth fiscal quarter
Third QuarterThird quarter sales volumes at historic norms
George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV) reported that net income for the nine months ended December 31, 2015, was $61.1 million, or $2.18 per diluted share, compared with $68.8 million, or $2.43 per diluted share for the same period last year, reflecting changes in... More
